New search
Property profile & analytics
OFF-MARKET
Estimated value
$8,620,000
Office buildings
490 Crosspoint Pkwy, Getzville, NY 14068
Entity Owned
6-yr Hold
Free & Clear
Property ID
US63-5164562
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Total area
87,718 SF
Lot
1.26 ac (54,886 SF)
Zoning code
RD
APN
142289 28.00-1-66.121/A
UPID
US63-5164562
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.71M
Blend (final)
Blend
$8.62M
Owner & transaction history
Interwest Holdings I LLC · 6 yrs held
Interwest Holdings I LLC
since 2019
3 recorded transactions
Zoning & alternative use
RD · Getzville, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$12.7M
+24.4%
Restaurant
$12.0M
+17.0%
Neighborhood: shopping center
$11.9M
+15.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Getzville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Getzville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,245,000
Current use
RETAIL STORES
$12,745,000
Change: +24% · Conversion: Moderate
RESTAURANT
$11,985,000
Change: +17% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$11,875,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,820,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$8.62M
Range $7.76M – $9.48M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$98 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$7,580,000
Assessed 2023
Previous assessed
$7,580,000
+0.0% YoY
Assessed land
$235,000
Assessed improvement
$7,345,000
Land market value
$379,032
Improvement market value
$11,846,774
Total market value
$12,225,806
Applied tax rate
142,203.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2015
Heating
NONE
Stories
4
Total area
87,718 SF
Lot
1.26 ac (54,886 SF)
Zoning code
RD
APN
142289 28.00-1-66.121/A
UPID
US63-5164562
Jurisdiction
ERIE
Zoning & alternative use
RD · Getzville, NY
Zoning RD · permitted uses
RD · Getzville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Getzville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.2M
RETAIL STORES
Est. value
$12.7M
RESTAURANT
Est. value
$12.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.9M
AUTO REPAIR, GARAGE
Est. value
$8.8M
OFFICE BUILDING Current
RETAIL STORES
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Heating
NONE
Stories
4
Lot
1.26 ac
Current owner
From public records · entity-resolved
Interwest Holdings I LLC
Entity
Free & Clear · 6 yrs held
Mailing address
100 CORPORATE PKWY STE #500, AMHERST, NY 14226-1260
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2019
—
Interwest Holdings I LLC
Uniland Ptshp Of Delaware LP
Quit Claim Deed
—
Jul 23, 2019
—
Uniland Ptshp Of Delaware LP
Uniland Ptshp Of Delaware LP
Quit Claim Deed
related
—
May 31, 2019
—
Uniland Ptshp Of Delaware LP
Uniland Ptshp Of Delaware LP
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 490 Crosspoint Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
